Obama Stimulus Package $25 B for Renewable Energy

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Obama Stimulus Package to Include $25 Billion for Renewable Energy

WASHINGTON, Jan. 15
/PRNewswire/

-- Congressional leaders together with Barack Obama's new Cabinet are planning a $25 Billion stimulus package in order to meet the President-elect's goal of doubling renewable energy production in the next three years, according to a report in Sunday's Washington Post.

President-elect Obama's Cabinet favors an $8.6 billion extension of the Federal Production Tax Credit, a program that speeds-up the building of new wind power generation projects. In addition, a bi-partisan initiative first backed by Rep. Chris Van Hollen (D-MD) and Rep. Zach Wamp (R-TN) for a National Clean Energy Lending Authority, is likely to be approved by the Obama team. The new agency could receive as much as $10 billion to extend low-interest loans, grants or guarantees to wind, solar and other renewable energy projects.

In the wind sector, most turbine manufacturers are foreign owned and not likely to qualify for stimulus dollars. Analysts expect U.S. based wind power project builders, to be big winners. New Jersey's NRG Energy (NYSE:NRG) which just completed its second wind project in the Texas Panhandle, has received a buy recommendation from UBS. Another wind power company with two projects underway in the Texas Panhandle is Denver based Nacel Energy (OTC Bulletin Board: NCEN). CNBC guest analyst Francis Gaskins has a $4 price target on the company. Nacel Energy closed yesterday at $1.15.

There are even more U.S. companies to like in the solar sector. Analysts at Stanford Capital have issued a buy on Evergreen Solar (NASDAQ:ESLR) with a $3.70 target. Evergreen is based in Marlboro, MA, and is a leading manufacturer of integrated solar modules. Needham and Co. has a buy on New Mexico's Emcore (NASDAQ:EMKR) and a $2 price target. Both Emcore's semiconductors and Evergreen's solar modules expected to benefit from increasing demand as the Obama stimulus plan is implemented over the coming months.

A Before the Bell(TM) renewable energy update.

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www.nrgenergy.com/

www.nacelenergy.com/

www.evergreensolar.com/

www.emcore.com/

...and the listing of its shares on the American Stock Exchange (AMEX)

biz.yahoo.com/iw/080603/0403011.html

NACEL Energy Achieves Objectives With 640 MW Wind Power in Development, Sets New 1000 MW Target and Prepares for Rapid Expansion
Tuesday June 3, 2008 7:00 am ET

CODY, WY--(MARKET WIRE)--Jun 3, 2008 -- NACEL Energy Corporation (OTC BB:NCEN.OB - News) (Frankfurt:4FC.F - News) ("NACEL Energy"), a growing wind power company in business to generate clean, renewable energy for America, reports it has achieved its initial corporate goal of 80 MW of wind power generation projects under development, first announced January 10, 2008. With 640 MW of generating capacity now in the development phase, NACEL Energy is currently working to accomplish two new objectives: 1000 MW of new wind energy projects underway by 2010 and the listing of its shares on the American Stock Exchange (AMEX).

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To achieve its two newly stated goals, Mr. Dan Leach has been promoted from Managing Director of Operations to President. Prior to joining NACEL Energy, Mr. Leach served as a senior wind energy development consultant for Duke Energy Generation Services Wind LLC, a subsidiary of Duke Energy Corporation of Charlotte, NC. Since 1995, Mr. Leach has participated in all phases of the development and construction of 21 Greenfield utility class wind power generation facilities.

NACEL Energy currently has 40 MW of domestic utility class wind power under development in Texas with its Blue Creek and Channing Flats projects. NACEL Energy has also teamed with established infrastructure financier Ridge Partners, LLC to construct 600 MW of new wind projects in the Caribbean and Latin America. To further accelerate growth, NACEL Energy is augmenting its 3 person Operations Team reporting to Mr. Leach, to include an additional wind energy field developer focused on U.S., Latin American and Caribbean regions. The Company expects to announce the appointment in the near term.

Incoming NACEL Energy President Dan Leach stated:

"Our experienced Operations Team, our key Texas wind power generation projects at Channing Flats and Blue Creek, and our new Latin American & Caribbean projects, in an environment of rising demand for wind energy globally, have enabled NACEL Energy to achieve our initial corporate objective of 80 MW of wind power in development, a full two years ahead of schedule."

Mr. Brian Lavery, NACEL's outgoing President and a founder of the Company, will now serve as Chairman of the Board of Directors. Mr. Lavery brings more than 20 years of renewable and conventional energy experience to the position. Mr. Lavery is tasked with fulfilling the stringent corporate governance standards of the senior AMEX exchange, including the recruitment of three outstanding energy industry veterans to serve as independent directors. NACEL Energy is seeking an AMEX listing to access a deeper pool of capital, increase its visibility among institutional investors and demonstrate its commitment to shareholder accountability. The Company expects to announce independent directorship appointments in the near term.

About NACEL Energy Corporation (OTC BB:NCEN.OB - News)

NACEL Energy Corporation is a rapidly growing wind power generation company developing clean, renewable energy. NACEL Energy is among the first in the nation to develop utility class wind energy projects with a sustainable footprint and the participation of local partners. The Company currently has 640 MW of domestic and international wind energy projects under development with a goal of 1000 MW by 2010. NACEL Energy was founded in 2006 and is headquartered in Cody, Wyoming.

For more information visit our website www.nacelenergy.com


NACEL Energy
The WIND POWER COMPANY™

Notice regarding Forward-Looking Statements

Statements in this press release relating to NACEL Energy's plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in NACEL Energy's business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Matters discussed in today's news release, including, without limitation; the belief that the business assumptions underlying the statements NACEL Energy "currently has 40 MW of domestic utility class wind power under development in Texas with its Blue Creek and Channing Flats projects," has teamed to "construct 600 MW of new wind projects in the Caribbean and Latin America," and intends to seek "the listing of its shares on the American Stock Exchange," and all other such similar statements of belief, are forward-looking statements that involve a number of risks and uncertainties. The actual future results of NACEL Energy could differ from these statements. Factors that could cause or contribute to such differences include, but are not limited to, the fact the Company has not yet secured the power purchase agreements, permitting approvals or turbine acquisition financing required to build its planned wind energy projects, and may not in the future; the fact the Company does not currently meet the listing standards of the American Stock Exchange, and may not in the future; the other additional factors discussed in "Risk Factors" and other sections of NACEL Energy's Securities and Exchange Commission filings available at www.sec.gov. Although NACEL Energy believes that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements and NACEL Energy accepts no obligation to update these forward-looking statements.


Contact:

    Contact:
     
    Nacel Energy Investor Services
    1-888-242-5848

Incoming energy chief bullish on solar, wind, biofuel
www.marketwatch.com/News/Story/...01B4-4A8D-A942-6E13697E4A1C}

www.fool.com/investing/high-growth/2009/01/...e-cleantech.aspx

100 Million More Reasons to Love Cleantech

By Tim Beyers
January 16, 2009

It's not the $150 billion that President-elect Obama pledged, but Stanford University, the school that helped give birth to Yahoo! and Sun Microsystems, among others, is putting $100 million into a new energy institute for cleantech research.

Stanford has been leading the academic study of alternative energy for six years through its Global Climate Change & Energy Project (GCEP). But its efforts have long been underfunded, GCEP president John Hennessy told VentureBeat.

No longer. And that's important for Foolish energy investors. Academic research often leads to commercial success. Akamai, a $2 billion business today, was created in response to a math challenge that Web creator Tim Berners-Lee presented to company co-founder Tom Leighton while both were still at MIT, for example.

At Stanford, entrepreneurship is practically a way of life, and the new center's funding priorities reflect that. In addition to new faculty and a larger pool of graduate students, the school plans seed grants for commercially viable energy conversion projects and a $2 million competition in the spring.

The cleantech sweepstakes
Expect the entries to be wide-ranging. Director Sally Benson said that the GCEP is exploring several possible breakthrough areas. A sampling:

   * Nanoscience that could make solar cells 45% efficient, tripling the current standard. Anything approaching this would be a game-changer for suppliers like Yingli Green Energy (NYSE: YGE). Tiny tech investor Harris & Harris (Nasdaq: TINY), realizing the opportunity, last year bet on solar efficiency company SunFlake.
   * High-volume storage of wind-generated energy. While we have yet to see big breakthroughs in this area, no less than T. Boone Pickens urges serious investment in wind technology, and big players like Vestas Wind Systems have proven that wind power is commercially viable.
   * Biofuel from woody plants. I wasn't at Stanford's press conference, so I can't tell you if Benson chose her words carefully in linking "biofuel" and "woody plants," but after the Great Ethanol Meltdown of 2008, I'd have to think that she did. Interestingly, there are commercial initiatives already under way to create biofuel from alternative sources. Verenium (Nasdaq: VRNM) is a player here, thanks, in part, to a $90 million investment by oil giant BP (NYSE: BP). DuPont (NYSE: DD), too, is exploring cellulosic ethanol.

We don't know which cleantech innovations will ultimately take hold. But we do know that cleantech has serious backing. Google (Nasdaq: GOOG) CEO Eric Schmidt and John Doerr of  legendary Silicon Valley venture capital firm Kleiner Perkins Caulfied and Byers both spoke at a press event held in concert with Stanford's announcement.

Schmidt said that the $18 million his company has invested in cleantech paid for itself within 18 months. Doerr, meanwhile, predicted that cleantech would become a principal driver of the area's economy. "In a few years we might be calling it Solar Valley instead of Silicon Valley," he said.

He has a point. SunPower (Nasdaq: SPWRA) and start-up Miasole are two of several emerging solar companies in the valley.

Clean up on cleantech
Of course, solar isn't all Doerr is interested in. He also told attendees that he sees promise in efforts to convert waste into natural gas and fertilizer, VentureBeat reports. So not just food but trash into fuel? It'd sound way too Back to the Future if we weren't already talking about extracting oil from algae. But we are, and we will.

Stanford, with a $100 million bet, is hungering for a larger slice of the growing cleantech pie. I am, too. What about you? Would you invest in cleantech? If so, how? Solar? Wind? Biofuels? Use the comments box below to give us your take.

newenergynews.blogspot.com/2008/12/...s-what-nation-needs.html

Obama’s plan also calls for energy efficiency overhauls for 75% of federal government buildings and 1 million low income homes. Obama has also promised massive investment to build a modern electrical grid and loan guarantees for manufacturers of lithium-ion batteries.

According to the Business & Media Institute, when stocks rose on Election Day 2008, the media credited investors’ excitement to Democratic nominee Sen. Barack Obama. AFP emphasized that the rally was the largest Election-Day rally in history. One global news agency trumpeted the biggest Election Day rally in history as an “Obama effect”.

The solar industry has already felt some rays of sunshine from Obama's pledge to invest in renewables. And Obama's influence on the market is not limited to the US, the 'Obama Effect' was credited when markets soared in Europe and Latin America last November.

Although certain types of businesses might be “at risk” under Obama, (ie, tobacco, Big Oil, brokers, pharmaceuticals). On the whole we can anticipate a favorable market response. USA Today said, "In election cycles since World War II, the Dow Jones industrials have posted bigger average returns under Democratic presidents.” My own research indicates that the S&P 500 has responded favorably in 4 of the last 6 Presidential inaugurations.

In an article entitled "Ideas For a Post Inauguration Obama Bounce" Seeking Alpha reports that "Some of the largest profits in history were spawned from legislation and court rulings. Take solar energy for example. After the introduction of the Solar Energy Research and advancement Act of 2007, investors watched as solar companies’ share prices exploded. One of the biggest winners was First Solar Inc (FSLR). The bill was brought before the House of Representatives on June 19, 2007. Over the next 12 months, First Solar’s shares jumped 300%. Another was SunPower Corp (SPWRA). SunPower’s shares blew up 151% in just six months. Both of these gains can be directly attributed to a small bill being read in the House. This can happen on any particular day with any particular piece of legislation. We never know which bill or act will cause such run ups. But after November 4, we have a pretty good idea."

With the Obama administration preparing to usher in a new era of prosperity by weaning America away from fossil fuels, some of the best opportunities are in renewable energy and energy efficiency. Even prior to the 'Obama effect', renewable energy was the fastest growing sector in the US economy and it continues to be a powerful economic engine. Sales of new materials and equipment for the renewable energy sector reached $25 billion in the US this year, up from less than $10 billion in 2004.

According to Seeking Alpha, there is an 'Obama profit opportunity' fixing renewable energy's fatal flaw; energy storage. ZBB Energy Corp (ZBB) designs and manufactures a special type of fuel cell storage device called Zinc Energy Storage Systems (ZESS). ZBB’s systems are used worldwide in the renewable energy fields. What makes the ZESS so interesting is that it only takes three to four hours to charge.

As reported in PR Newswire, in the wind sector, most turbine manufacturers are foreign owned and not likely to qualify for stimulus dollars. Analysts expect US based wind power project builders, to be big winners. New Jersey's NRG Energy (NYSE: NRG) has just completed its second wind project in Texas and Denver based Nacel Energy (OTC Bulletin Board: NCEN) also has 2 wind projects in Texas.

There is a lot of room for growth in the US solar sector (see previous solar posts including Solar Stock Picks). Particularly noteworthy is New Mexico's Emcore (Nasdaq: EMKR). Both Emcore's semiconductors and Evergreen's solar modules expected to benefit from increasing demand as the Obama stimulus plan is implemented over the coming months.

Inaugural events commence tomorrow Saturday, January 17 and culminate with the oath of office and address on January 20. An estimated 4 million people are expected in Washington in the next few days and the inaugural address can expect an international audience in the hundreds of millions.

Seeking Alpha believes that within the first 100 days of Obama’s inauguration, the demand for wind and solar will multiply. However, falling polysilicon prices, ongoing banking fallout, tight credit and declining crude prices give investors reason to be wary. The question is, will Obama's programs be enough to inspire investors after inauguration day? Besides galvanizing hope, Obama gives us a trillion tangible reasons why we can expect certain industries to respond favorably.

BarackStocks.com Announces Commentary Related to Wind Energy Companies

http://ih.advfn.com/...&cb=1233071802&article=35978650&symbol=NB^NCEN

http://www.alphatrade.com/news/stories/AM/...MZONEFULLFEED158393.html

:-))

EVERGREEN SOLAR INC. REGISTERED SHARES DL -,01 (578949)

Evergreen Solar buy
27.01.2009 - 20:05

Rating-Update:

New York (aktiencheck.de AG) - Die Analysten von Jefferies & Co stufen die Aktie von Evergreen Solar (ISIN US30033R1086/ WKN 578949) weiterhin mit dem Rating "buy" ein. Das Kursziel werde von 13 USD auf 3 USD gesenkt. (27.01.2009/ac/a/u) Analyse-Datum: 27.01.2009


Quelle: Finanzen.net

Saturday, February 07, 2009
Highlights Of The Gore Challenge

Recalcitrants in Congress say building a New Energy economy can’t be done -  
but Al Gore has an answer with a familiar ring to it: Yes we can!

http://www.youtube.com/...gore-challenge.html&feature=player_embedded